Jason Gesing - 14 Dec 2023 Form 4 Insider Report for EXP World Holdings, Inc. (EXPI)

Reporting relationship: Director, 10%+ Owner
Issuer ticker: EXPI
Reported as of: 14 Dec 2023
Net transaction value: -$995,364
SEC form: 4
Accepted by SEC: 15 Dec 2023, 11:20:22 UTC
Prior SEC filing: 06 Sep 2023
Source filing: View source filing
Reporting owner signature: /s/ James Bramble, attorney-in-fact for Jason Gesing

Key filing fact

Jason Gesing filed Form 4 for EXP World Holdings, Inc. (EXPI) on 15 Dec 2023.

Key facts

This page summarizes Jason Gesing's Form 4 filing for EXP World Holdings, Inc. (EXPI).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 15 Dec 2023, 11:20.

Change

Previous filing in this sequence was filed on 06 Sep 2023.
Current net transaction value: -$995,364.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

EXPI transaction

Common Stock

Sale

Transaction value: $995,364
Shares: -60,000
Change %: -2.6%
Price: $16.59
Shares after: 2,237,858
Date: 14 Dec 2023
Ownership: Direct
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 2 footnotes

Footnote F1

The sale reported in this Form 4 was effected pursuant to a preexisting Rule 10b5-1 trading plan adopted by the reporting person.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.185 to $16.92, inclusive. The reporting person undertakes to provide to eXp World Holdings, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

SEC remarks

The 10% owner designation is due to Mr. Gesing's membership in that certain 13D voting group reported on July 31, 2023.